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Wall Street ends at fresh records on hopes for tax cut

U.S. stocks ended at record highs Friday after the Senate passed a budget resolution that could pave the way for tax cut legislation.

The Senate voted Thursday to pass a fiscal 2018 budget resolution, with President Donald Trump indicating his approval on Twitter.

“The Budget passed late last night, 51 to 49. We got ZERO Democrat votes with only Rand Paul (he will vote for Tax Cuts) voting against.This now allows for the passage of large scale Tax Cuts (and Reform), which will be the biggest in the history of our country!